In excess of $550 million has been recovered from property tax fraud in Orange County, Florida. The money derives from property owners who wrongfully requested for property tax exemptions when they didn’t qualify, primarily Florida’s Homestead Tax exemption. The recovered money has been returned to the taxpayers.
Florida County cracks down on property tax fraud
Orange County Property Appraiser Rick Singh hired three former law enforcement professionals to look into home owners trying to beat the system; and then he introduced a tax fraud hotline for citizens to report suspicious properties, resulting in the recovery of hundreds of millions of dollars.
“Counties everywhere should invest in diligent investigative work and make it a top priority to catch those that cheat the system,” said Rick Singh, the Orange County property appraiser. “That way our communities receive the funding they need to provide vital services to their citizens, like law enforcement, fire, EMS and schools, and honest taxpayers don’t pick up the burden left by individuals or businesses that break the rules.”
The Orange County property appraiser is mainly responsible for identifying, locating and fairly valuing all property – both real and personal – within the county for tax purposes. Orange County, Florida is home to seven theme parks, in excess of 60 million visitors per year and 120,000 hotel rooms. Currently, $6.3 million worth of construction is occurring each day in Orange County and 14,000 timeshares are sold weekly.
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